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What is a Capital Expenditure? How Lodging-Industry Financial Executives Decide. Raymond S. Schmidgall,James W. Damitio,and A. J. Singh. Cornell Quarterly: Hotel and Restaurant Administration,vol. 38,no. 4,1997,pp. 28-33. Elsevier Science,P.O. Box 945,New York,NY 10010-3730. $75 annual subscription